Sr Manager/ Manager - Actuarial - Capital Modeling - P&C (Min - Cleared 10 Papers)

 

 

Job Description Principal Analyst

Brief Description:

 

Provide Actuarial technical expertise, producing insightful analysis and recommendations to inform Capital Modeling, Reserving, Forecasting, Monitoring, and associated Business decision making. Manage the performance and development of the Analysts.

 

Job Title: Senior Manager/ Manager.

Location: Gurgaon.

 

Key Responsibilities:

Responsible to run the end to end capital model and perform interim activities including

Exposure management / calculation

Parameter estimation

Model management / maintenance

Sensitivity / Scenario testing

Update Economic Scenario, incl. market risk, inflation, credit risk, insurance risk, etc

Run CAT model/update CAT loss tables

Update Asset portfolio

Update claims payment data

Independently perform detailed analysis and provide inputs to the senior actuarial

Provide input to the strategic plan

Work closely with other teams viz. finance, planning, budgeting & forecasting, claims, underwriting, operation in getting input to the model runs and analysis

Project cash flows projection for claim liabilities

Estimate Solvency Margin ASM / RSM

Credit risk monitoring

Provide inputs to statutory reporting

Renewal/placement of RI and Corp insurance on time i.e. assessment and negotiation of terms and premium

Perform various ad-hoc assignments like Claims inflation, Premium & claims volatility assumption, credit risk, etc. Support on these small processes.

Assist in learning and development of new team members

 

Candidate Profile:

Bachelors/Master's degree in economics, mathematics, actuarial sciences, statistics

Affiliation to IAI or IFOA, and exam criteria;

Sr. Student Actuary: at least 10 actuarial exams

 

Experience level required;

Sr. Student Actuary: 8+ years with minimum 5+ years of P&C Capital Modeling / Solvency Monitoring/estimate

Knowledge of UK non-life insurance products is required

Working knowledge of UK regulatory environment

Prior experience in Pricing, Reserving, Capital Modeling is preferred

Experience with Excel, SQL, SAS, VBA is preferred and knowledge of Python is an added advantage

Knowledge of IGLOO or any other actuarial software would be good to have

Strong ability to learn technical and business knowledge

Superior analytical and problem-solving skills

Outstanding written and verbal communication skills

Able to work in fast pace continuously evolving environment and ready to take up uphill challenges

Is able to understand cross-cultural differences and can work with clients across the globe

Job Description Principal Analyst

Brief Description:

 

Provide Actuarial technical expertise, producing insightful analysis and recommendations to inform Capital Modeling, Reserving, Forecasting, Monitoring, and associated Business decision making. Manage the performance and development of the Analysts.

 

Job Title: Senior Manager/ Manager.

Location: Gurgaon.

 

Key Responsibilities:

Responsible to run the end to end capital model and perform interim activities including

Exposure management / calculation

Parameter estimation

Model management / maintenance

Sensitivity / Scenario testing

Update Economic Scenario, incl. market risk, inflation, credit risk, insurance risk, etc

Run CAT model/update CAT loss tables

Update Asset portfolio

Update claims payment data

Independently perform detailed analysis and provide inputs to the senior actuarial

Provide input to the strategic plan

Work closely with other teams viz. finance, planning, budgeting & forecasting, claims, underwriting, operation in getting input to the model runs and analysis

Project cash flows projection for claim liabilities

Estimate Solvency Margin ASM / RSM

Credit risk monitoring

Provide inputs to statutory reporting

Renewal/placement of RI and Corp insurance on time i.e. assessment and negotiation of terms and premium

Perform various ad-hoc assignments like Claims inflation, Premium & claims volatility assumption, credit risk, etc. Support on these small processes.

Assist in learning and development of new team members

 

Candidate Profile:

Bachelors/Master's degree in economics, mathematics, actuarial sciences, statistics

Affiliation to IAI or IFOA, and exam criteria;

Sr. Student Actuary: at least 10 actuarial exams

 

Experience level required;

Sr. Student Actuary: 8+ years with minimum 5+ years of P&C Capital Modeling / Solvency Monitoring/estimate

Knowledge of UK non-life insurance products is required

Working knowledge of UK regulatory environment

Prior experience in Pricing, Reserving, Capital Modeling is preferred

Experience with Excel, SQL, SAS, VBA is preferred and knowledge of Python is an added advantage

Knowledge of IGLOO or any other actuarial software would be good to have

Strong ability to learn technical and business knowledge

Superior analytical and problem-solving skills

Outstanding written and verbal communication skills

Able to work in fast pace continuously evolving environment and ready to take up uphill challenges

Is able to understand cross-cultural differences and can work with clients across the globe